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58-Unit Multifamily Portfolio

63-0 Douglas Ave, Douglas, GA 31533

For Sale
$4,145,000

Workforce housing assets span park-owned homes, lot rentals, and small residential buildings.

Property Size55,408 SF
Price / SF$74.81
Days on Market162

Property Features for 63-0 Douglas Ave

General Information

Standard status Active
Size 55,408 SF
Property subtype Residential Income
Occupancy 97%

Additional Details

Gross Income $406,236

Taxes and HOA fees

Annual Taxes $9,747
Listing Agency: Canopy Realty Group
Listed By: Caleb Ross · License GA #433083
Source: Exprealty
Added: Jun 4 Changed: Nov 4 Last Checked: Nov 10 at 12:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Canopy Realty Group

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Investment Insights

Based on property information with market context.

This 58-unit multifamily portfolio extends across Coffee County, including Douglas and Broxton, Georgia. The holdings comprise 22 park-owned homes, 13 tenant-owned home lots, 4 single-family rentals, 4 duplexes, 1 triplex, and 2 quadplexes. Seven park-owned homes are situated within a mobile home park, while the other properties are distributed across the market.

Occupancy is 96.6%, with 2 vacant units. Forty-two tenants are on month-to-month leases, and the remaining residents hold annual lease agreements. Capital work includes 23 recently installed metal roofs and renovations at numerous units. Utility arrangements include tenant-paid services at many properties, individually metered electric service, 22 homes on city water, and 16 properties connected to city sewer; other assets use private wells and septic systems.

Key Highlights

  • 58‑unit portfolio across Coffee County, including Douglas and Broxton, Georgia
  • Mix includes 22 park‑owned homes, 13 tenant‑owned home lots, 4 single‑family rentals, 4 duplexes, 1 triplex, and 2 quadplexes
  • 96.6% occupied with 2 vacant units

Property Analytics

Lease Details

96.6%
Occupancy

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 31533, GA

16,714
Population
7,351
Households
2.3
Avg Household Size
36
Median Age
16%
College-Educated
79%
High-School Grad
66.3 sq mi
ZIP Area
252
Density / Sq Mi
$44,211
Median Household Income
$33,568
Median Earnings
$683
Median Rent
$131,400
Median Home Value

Market

Average Price Trend$/SF for Multifamily properties in Douglas, GA

$79.95 Jul
$78.16 Aug
$78.16 Sep
$76.76 Oct

Properties on Market for Multifamily properties in Douglas

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Workforce housing assets span park-owned homes, lot rentals, and small residential buildings.
Where is this multifamily property located?
The property is located at 63-0 Douglas Ave Douglas, GA.
What is the asking price?
The asking price for this property is $4,145,000.
What are key features of this property?
This property features: 58‑unit portfolio across Coffee County, including Douglas and Broxton, Georgia; Mix includes 22 park‑owned homes, 13 tenant‑owned home lots, 4 single‑family rentals, 4 duplexes, 1 triplex, and 2 quadplexes; 96.6% occupied with 2 vacant units
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